 The following is a presentation of TFNN, the morning market kickoff with your host, Tommy O'Brien. Good morning everybody, I'm Tommy O'Brien, coming to you live from TFNN, Friday morning 8.30 a.m., 60 minutes go until that opening bell and we got markets in positive territory to kick off Friday trading. Right now you're looking at an S&P futures positive by 20 points trading at 3215, NASDAQ futures up 110, 10,621, we got the Dow futures up 165, 26,718, oil, negative 19 cents but holding up relatively well within about a quarter of $41 trading at 40.74, we've got the gold contract right now up $9 at 18.09, look at that acceleration, so where we were yesterday gold sells off to about 17.96, the fund begins at about 9.30 p.m. eastern time coin acceleration, we're up about $15 off those lows at 18.09, the price of gold, silver up one penny but off the lows as well, the lows last night at about 9 o'clock, 1940, we're trading about 1959, notes and bonds, we're getting some higher price and lower yield, the 10-year up 2 ticks at 139.17, the 30-year up 6 ticks at 180.13, we're looking at a 10-year yield right now right above 0.60% coming in at 0.604% for that 10-year and we'll start things off, it is earning season, BlackRock out with their numbers, we have housing starts as well just out at 8.30 a.m. pretty much right in line 1.186 million in June 1.169 was the expected number, BlackRock out with their earnings, profits jumped 21% on fixed income boost, quite a number in terms of assets, they ended the quarter with $7.32 trillion in assets, the asset manager's fixed income funds took in $60 billion, $60.27, cash management business, $24.2 billion, net income rising to $1.21 billion over the last 90 days, BLK is their symbol, you see we're trading higher from 5.66 yesterday, markets up as well though, but you got BlackRock at about 5.75, we got to get to Netflix, why not pull up the chart first, quite a number last night, Netflix fall right out of bed, we're looking at a five-minute bar, they come out with the earnings at 4 o'clock and one second and you drop from 5.27 to 4.49, you were approaching $80 in the red on that move, we've climbed a bit, paired some of the losses to get into what Netflix actually said, jumping over due, earnings miss, weak subscriber guidance, the real key there, I mean they added a lot of subscribers, global paid net subscriber additions, 10.09 million versus 8.26 million, that's coming off adding 15 million, 18 million something last quarter on the first quarter that we had the COVID quarantine shutdown, but nonetheless next quarter, where are their numbers, because next quarter here we go, 2.5 million net subscriber additions for the third quarter, analysts were looking for more than 5 million, so they just added 10 million subscribers in the last 90 days and they said but the next 90 days, we're going to hit like 25% of that number at 2.5, that is quite a slowdown, paid subscribers added only once has Netflix been under about 5 million for the quarter, that's what they said they're going to do in this coming quarter, also in there they promoted Ted Serendos, their code to co-CEO, so he is in charge of content, what's his official chief content officer, so he's in charge of all the original production, one of the biggest players in Hollywood with the budget that he has to produce original content, looks like he is next in line to be the CEO and succeed Reed Hastings, at some point he is named co-CEO, but the market all they cared about was the fact that over the next 90 days when they report the 90 days we're in right now, they're only going to add about 2.5 million subscribers, a lot of stocks hit on that number, you back it up to Disney, you see the sell off right on their numbers, maybe I don't know, it's tough to estimate what's going to happen here, these are brand new players in terms of Disney competing with Netflix, Disney just launched in November, they are pretty new and normally it'd be like oh boy has everyone signed up for their streaming services, but maybe part of the reason why the 90 days run right now is going to be difficult for Netflix is because Disney is stealing some of that action, we'll find out when Disney comes out with their earnings early next month, what else we got going on, so the Twitter hack, a few more details, 130 people targeted in the hacks that hijacked the accounts of as we've seen many, many famous celebrities with that blue check mark, believe it was something like $120, $140,000 that was taken over 400 different people sent Bitcoin, Twitter though, pretty remarkable when you look at what happened and the charge back, I mean we're basically back to where Twitter was trading at at three o'clock on Wednesday before the hack started, which was after the close on Wednesday evening, you see the sell-off from $35.50 to $33.15 and we basically got it all back, $35.38 like it never happened before, checking in on some social media, Facebook shares, I mean you're pretty close to all-time highs on Facebook, what happened to the ad boycott, we were just up there this week making all-time highs at $250.15 or about $10 off that level of an open at $241.45, what else we have happening? Cruiships, so in case you didn't know, now is not a good time to go on a cruise ship in America. There you have it folks, the CDC bans, I laugh, but you got to use some common sense, okay? I was saying to friends yesterday, so the CDC had a no sale order, that was going to expire July 24th, they've extended that through September, okay? So you're talking about the next two months, we are on July 17th, July, August, September, they're saying at least for the next two months, no US cruises, folks. If you don't know that yourself, okay, there's heck of a deals out there, I'm sure, but the free market, if it ever would have allowed it, and the scary thing is, is I think it would have, I think you could almost make an argument that if you had them, people would somehow get on them, probably the worst place you can be in terms of a cruise ship, the statistics of how many cruises had been hit, I was trying to find the number, I mean, yeah, here we go. These data have revealed, they're looking at data in cruise ships, okay? A total of 99 outbreaks on 123 different cruise ships, meaning there were 123 cruise ships, they were out there as this was happening before everything shut down, and of those cruise ships, 80% of them had COVID on it, okay? So either way, cruise ships, not surprising that they had been hit especially hard, even off that exuberance she got, June 8th, up to 25 bucks, we're gonna open 15 territory, I mean, look at this drop off from where we were even on Wednesday, up at 18, we're gonna open 15 for Carnival, Royal Caribbean, from 60 down to 50, Norwegian, from 1886 down to 15, 19 and change, checking in on some of the airlines, American, 1255, Delta Airlines, 2745, let's take a look at some of the fang stocks, we get the NQ futures up 109, Amazon right now, back above 3,000 at 3,001, Microsoft shares trading higher, 20480, and Apple shares, why not, we'll check in on it, 38780, taking a look at the VIX, 26, 26, handle on that VIX as we're above 3,200 in the S&Ps to put things in some context, the lows that we had going back to June 5th, 2354, the lows we had in the VIX July 6th, 2492, we'll see where we end up on that. All right, S&Ps taking a look, hanging off of 20 points, we got a little bit of a boost in the lead up to the program even, the run begins, even 745, statement folks, got lots to go over, Friday morning, we'll be right back. TFNN has launched our brand new website, you can still visit us at the same tfnn.com URL, but when you do, you'll see a new and improved homepage with a much simpler navigation, whether you're watching Tiger TV live in high definition or just accessing your newsletter subscriptions, we even have new pricing in six months and yearly options. Check out the new tfnn.com now and experience all the upgrades, tfnn.com educating investors. The Gold Report took profits in four of its equities in the Gold Portfolio in the first week of January for a combined profit of 99.2%, with two positions left in the portfolio that have a profit of 67.5% as of January 7th. 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The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, foresight fund services, LLC. Don't forget you can listen to TFNN live on your mobile device 24 hours per day. Go to tfnn.com and hit watch Tiger TV. That's tfnn.com and hit watch Tiger TV for the latest market information. We're looking at pre-market session highs right now. S&Ps 22 points in the green, 30 to 16. We look for Friday trading. We're right up there within about 16 or 17 points of the highs we had on Wednesday in the market. S&Ps that high, 32, 33. Taking a look at the different indices and where we fare. I mean, you look at the Nasdaq rate, the high on Monday, 11,058. We're currently sitting 10,624. The Dow, 27,063, sitting about 360 points below that level, 26,695. All right, as I mentioned, still earning season, JB Hunt. JBHT, there it is. Out with their numbers. We'll pull up the news in a moment. But the trucking business going well right now up from 132 to 137 pre-market on their numbers. Jumping over to the numbers. In fact, quarterly earnings of a buck 14 a share, well above the estimate of 80 cents a share revenue also beating. Following the release of those results, getting an upgrade as well from Deutsche Bank, JB Hunt trading hire. All right, what else we have? PPG industry. So paints and coatings, quarterly earnings, 98 cents. They beat as well trading hire revenue hire as well. Increase and do it yourself. Painting projects by people remaining at home. Yeah, some of these stocks folks. All right, PPG, there's the action there from about 115 to 120. I mean, I was taking a look at Lowe's this morning. Lowe's is a powerful stock, quite an opportunity down here at the Lowe's on this company. The Lowe's of Lowe's. The Lowe's of 60 on March 19th. We're now sitting at one somewhere between 143.52 and 146 is the bid ask this morning on Lowe's making, I mean, this is just, there was no pullback almost in this stock from $60 to 142. So not surprising to see some of these do it yourself, whether it's painting, whatever it is at home goods stores. All right, other news out there, check in. What do we got? Lending tree raised there outlook, not surprising. The 30 year mortgage, lending tree, look at that rebound right from 135. We're going to open above 330 today folks, before I jump away. I mean, some of these, housing, it was like, what's going to happen? Well, guess what? Rates went through the floor and people are refinancing and purchasing homes and you got lending tree jumping up to 332. Okay, so the next thing on the agenda is going to be the political battle. It turns out to be what happens next in terms of stimulus. We got weekly jobless claims yesterday, 1.3 million Pelosi out there, speaker of the house saying the next aid bill will cost at least 1.3 trillion, but that's not enough. We're going to have the $600 unemployment benefits. That's going to be expiring at the end of this month, all of that. I mean, nothing really has gotten too dire yet because of the fiscal stimulus that the government passed. Keeping everything alive, making sure people just weren't cut off immediately. The whole economy shut down in some areas, especially whether it's retail, right, dining, all of that just gone overnight, travel. So that battle, it's about to start firing up and look for that to maybe hit the markets. Talk about hitting the markets, the numbers for COVID, remarkable, 77,000 new record that was up. We just set the record, I believe it's 67 or something like that. Either way, the lives were approaching 1,000, the highest since June 10th. Florida setting record numbers above 150, I believe, South Carolina, Texas, all biggest one day spikes for deaths, not good numbers folks. You pull up the Florida curve, I mean, it's stark numbers. You look at these death totals, right? We were just sitting at a seven day average of 34 on June 22nd. You can even say we're sitting at a seven day average of July 4th, 45. We've now doubled that at the seven day average of 95. You see the cases, you gotta watch out, folks. Hopefully we get this thing under control. JPMorgan says Chinese consumers are in reasonably good shape despite miss in retail sales. So the banks out with their earnings this week, JPMorgan talking about China. China today talking about Asia of the markets, you have the Nikkei down about 310th percent, Shanghai up 1 10th, that was after getting pummeled, right? And HSI up about half a percent out there. We talked about the yields, right at about 610th percent, that of course hitting the mortgage market in a big way. You saw a lending tree 10 years sitting at 0.6, taking a look at these notes. I mean, we are right up, right? 13917, this was our recent high, 13922. You put this on a daily, pretty interesting action, definitely at the upper end of this range as we're ticking up here. Each time we've gotten there, you could say we've traded down about a point to the lower end of about 13810, 13815 maybe, but we're sitting right up there with yields in that tenure. Pretty remarkable. 610th percent for 10 years you're talking about. All right, what else we got going on folks? Head out over to the front page of TFNN, my first week doing my newsletter, rocket equities and options report. I come out with a full report Monday morning. I got a bunch of updates I've done through this week. You gain access to all of it. I will have a full report out Monday. I may have an update out later today depending on what happens in the markets. I'm going to have a long-term section building kind of a portfolio, whether it's retirement, whether it's just long-term, less volatile plays in the market, value investing for the long run. I'm also going to have short-term plays, options, kind of everything that I look at just in my own trading and my own life. Right now, you can subscribe and you can say 50% off the monthly price folks comes with a 30-day money-back guarantee. Please just give it a shot, request that money-back guarantee if you're not happy with it. And I appreciate the opportunity. Enter the promo code ROCKET, R-O-C-K-E-T, add that code. There's your discount, 4850, and that will stay with you for as long as you remain a subscriber, charter membership, you lock in that rate forever. Check it out on the front page of TFNN.com. All right, what else we've got going on? Let's check in on some of the commodities, crude oil. Just like notes, crude just kind of sitting up at this 41 level. You almost could say since June 8th, we reached a high of 40, 44, been ticking up at that level, but holding up relatively well for the price of crude and gold reacting pretty well today. I got some trend line on there. Could say it's maybe broken that to the side. So move that. But gold, it just might need to consolidate a little bit here. I mean, you back this out. It's been quite a run we've had from the March lows. I mean, look at these. This is a daily. You went in three days on March 20th from 1457 up to almost 1700. But even since then, we consolidate from April, you break out of that zone about a month ago, which is remarkable. June 18th, June 19th, we trade to a high of $1760 or up about $47 from there, even $1807 in the price of gold. Jumping around to some of those banks with their earnings this week, JP Morgan put in a shorter timeframe. They really accelerated last Friday ahead of the earnings week. JP Morgan, strong numbers, but these banks really not accelerating what you might expect with the numbers they delivered in trading. Goldman Sachs, similar story, right? You spike higher. Again, we're sitting with that 10-year yield though at six tenths. No matter how well you do in trading, during those volatile times, things have normalized. You're not going to be able to make the amount of money they made on bond trading when rates were just going bananas. They're going to do okay, but not like maybe they did. You see the reaction. Goldman, we're $12 off that high. You had early Wednesday on Goldman. And Morgan Stanley, I want to take a look at. We're acting pretty well yesterday and holding up well at $53 for Morgan Stanley. All right, taking a look at the S&Ps as we come into this next break. We're currently sitting up 17 points, $3212, that recent high of $3233, a little bit of an acceleration, even since about 8 a.m. from $3205. We have 40 minutes to go until the opening bell. Stay tuned, folks. I'll be right back in three minutes. Back in the day, I joined Hotel California in 2006. And like many of you, was drawn in by as well as whatever you think about, you bring about whatever you focus on grows. You see, I believe that everything in life happens for us, not to us. And Tom ignited the fire within me to want to learn how to master the markets. So how did I go from knowing nothing about technical analysis to becoming the number one market timer for the S&P 500 in 2018 and the number two market timer in 2019? Simply put, I hired coaches with a proven track record, which led me to a whole new set of tools that I created to interpret the message of buyers and sellers. I would love the opportunity to teach you this award-winning set of tools and help you improve your market timing. You can test drive my newsletter service, Mastering Probabilities for the next 30 days with no risk to you. 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They ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge, formulated and approved by Nico and Paige of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on the front page of TFNN.com. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV for the latest market information. It's Friday. It's 8.55 in the morning. 35 minutes to go until that opening bell. Stay tuned. We've got our man Larry Pezzavento coming up live at 9 o'clock live programming all day at TFNN, folks. Right now, S&Ps up about 17 points. Pretty strong morning. You back this out for some context. We've kind of just been hanging here for all of Thursday. Tight trading range. We haven't seen a tight trading range like 10 points. I mean, here's some big moves, but we're looking at 15-minute bars, the lower end of the range with a little bit of volatility from maybe 31.95, the upper end of the range all day yesterday. You're talking about 32.05, give or take, this bar. That's actually after the market closed when you see the drop off of Netflix, and we just got above any action that we saw yesterday, folks, in that S&P reaching a high of 32.17, the high yesterday at 3.30 of 32.12, right where we're sitting at right now in that S&P. Jumping back to some of the commodities. Gold hanging out at about 18.07 after its recent run up, natural gas. We got inventory numbers yesterday. Look at this drop off, right? From 180 to 170, some volatility in natural gas. Watch out for that volatility, folks, as it persists in a big way. All right. Checking in on some other big names. Tesla shares 15.15 this morning. Checking in on Amazon, still above 3,000. 3,005, and we got to take a look at Netflix. Should be an interesting open on Netflix, folks. I joked with friends yesterday. I said, yeah. At first I said, Tom and Jason. Tom had Jason Paff on the program last night that aired kind of right before this program. And I'm listening to that, getting ready for the show. And they were talking about Netflix. And you say, it went from 3.70 or 3.20 to 5.27 yesterday, right? For the calendar year 2020. And you were coming into this year at full employment. Everything is the best thing it could be in the economy. I mean, the transition to online streaming, cutting the cord well on its way. And you had Netflix firing on all cylinders at about 3.70. And meanwhile, COVID comes in, you're worth almost double that. There was room for a pullback. But also in this market, I hear that stocks only go up. No, we'll see. But look at this. I mean, Netflix, we're $40 off the low at $491. Stay tuned, folks. Larry Pezzavento coming up live with Trade What You See. I'll be back at 10 o'clock with Tom. Have a great Friday.